Spaceballs 2: The Search for More Money was a proposed title back in the first movie. I'm personally hoping for Spaceballs 3: The Search for Spaceballs 2: The Search for More Money. Open with Lonestar and Dark Helmet on the Winnebago, then have them realize part way through the scene that they have no idea how they got there. Have them go on a search for a copy of Spaceballs 2 to figure out what the hell happened while dodging the plot of Spaceballs 3 to avoid spoilers.
With Mel Brooks producing there's definitely hope. Depending on how much he's producing. The man doesn't likely need the money. And likely wouldn't want to tarnish the original and his legacy for a cash grab.
Plus there's been more star wars produced post the original than there was before. And no end of directions to go.
I was literally commenting to someone the other day how I've missed any quality entries in the spoof genera. Scary Movie started out okay in the late 90s early aughts. But like every other spoof series of the era they all derailed and became poorly written stories stuffed with pointless meta. That failed at their basic task. Being entertaining.
Naked gun/police squad or airplane may not have been all that original. And they had their meta too. But on the whole it all holds up better because of the writing and performers. After all not everyone can be Top Secret and have an under water western bar fight.
if history of the world part 2 is anything to go by having Mel attached is definitely not reassurance off quality. but hey good on him for getting a payday.